<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1999 AND CONDENSED
CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 1999 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<CASH>                                         721,342
<SECURITIES>                                         0
<RECEIVABLES>                                  140,568
<ALLOWANCES>                                   (7,916)
<INVENTORY>                                          0
<CURRENT-ASSETS>                               905,469
<PP&E>                                          59,853
<DEPRECIATION>                                 (4,200)
<TOTAL-ASSETS>                               3,038,597
<CURRENT-LIABILITIES>                          302,082
<BONDS>                                      1,371,626
<PREFERRED-MANDATORY>                          484,958
<PREFERRED>                                          0
<COMMON>                                         4,361
<OTHER-SE>                                     791,263
<TOTAL-LIABILITY-AND-EQUITY>                 3,038,597
<SALES>                                        356,376
<TOTAL-REVENUES>                               368,461
<CGS>                                          150,292
<TOTAL-COSTS>                                  176,161
<OTHER-EXPENSES>                               107,269
<LOSS-PROVISION>                                 3,683
<INTEREST-EXPENSE>                              46,454
<INCOME-PRETAX>                                 52,818
<INCOME-TAX>                                    30,038
<INCOME-CONTINUING>                              8,070
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     8,070
<EPS-BASIC>                                     (0.05)
<EPS-DILUTED>                                   (0.05)